India’s Increasing Defense Budget: At What Cost?
By Sajjad Shaukat On February 28, this year, India announced its ambitious defense budget amounting to 2.47 trillion Indian rupees ($40.07 billion), a 7.9 percent increase for the fiscal year starting from April 1, 2015, suggesting that it will move with the military’s long wish list for fighter jets, ships and artillery, as Narendra Modi’s government presented its first budget. For the current fiscal year, ...
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